Don’t Throw the Money Out With The Wash!

If you are a prospective home purchaser remember that the current drop dead date for an accepted contract is April 30, 2010 and that you must close by June 30, 2010. If there is no extension to this date, a delayal potentially could cost you between $6500 - $8000. (Depending on which program and how much money you spend.) Regardless, this delay could be very expensive indeed.
Now if you are waiting for the “Spring Market”; Stop waiting! With the buyer incentives soon coming to an end, NOW is the time to get your house on the market. Price it correctly and get an offer, then you may have still have time (if you qualify) to take advantage of the current owner buyer credit of $6500. (Call me to find out if you qualify, there are a few rules and regulations) I am sure that every one could use this tax credit. Don’t throw this opportunity away. Even if the Fed extends the program (which I doubt), you will have made a quality transaction based on current inventory, great mortgage rates and a known immediate return.